OFF MARKET

1/24 Frencham Street
Downer ACT 2602

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 50m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 28 Oct 2024
Low

High
Save

Property Details for 1/24 Frencham St, Downer

1/24 Frencham St, Downer is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 50m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1975
Floor Size
67m2
Land Size
50m2
Local Government
Canberra Central
Lot/Plan
DOWNER: Block 48, Section 68, Unit 1

Last Listing description (November 2021)

Auction Location: TBA.

COVID 19 UPDATE

In accordance with the ACT Government regulations and the current COVID 19 lockdown, property inspections are now permitted from Saturday 18th September. We are currently limited to showing 4 buyers per day through each property so apologies in advance for the delay some may experience in getting to see the property.

Please contact Margrit on 0402 024 447 to book in a time to view the property.

This stylish apartment is perfectly located across from lush green parklands and a short walk to Downer's cafe culture plus easy access to Dickson's amazing restaurants and shopping centre.

The numbers:
Living area approx. 65.75m2
Rates: $2,249.52 per annum (approx.)
Land Tax (investors only): $2,872.57 per annum (approx.)
Body Corporate: $625.00 per quarter
Built: 1975
EER: 2.5

Features:
Ground floor unit
Two sizeable bedrooms, the main with BIR's
Spacious formal living
The kitchen area would easily fit a dining table for 2
Bathroom with bathtub
New carpet throughout
Communal storage room for bicycles
Allocated single under cover car accommodation

Managed by ACT Strata Management Services Unit Plan 57

This is your unmissable opportunity to secure spacious low-maintenance living with lock up and go flexibility in a superb location.

Disclaimer:
Please note that while all care has been taken regarding general information and marketing information compiled for this advertisement, LJ HOOKER TUGGERANONG does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. Figures quoted above are approximate values based on available information. We encourage prospective parties to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

Property History for 1/24 Frencham St, Downer, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$425,000
27 Sep 2021
Listed for Rent
$340/w
18 Mar 2019
  • 27 Sep 2021
    Sold for $425,000
  • 14 Sep 2021
    Listed for Sale Not Disclosed
  • 18 Mar 2019
    Listed for Rent $340 / week
Sign in to see more transactions

Commute Calculator

About Downer 2602

The size of Downer is approximately 1.6 square kilometres. It has 10 parks covering nearly 8.9% of total area. The population of Downer in 2011 was 3,554 people. By 2016 the population was 3,653 showing a population growth of 2.8% in the area during that time. The predominant age group in Downer is 20-29 years. Households in Downer are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Downer work in a professional occupation. In 2011, 59.3% of the homes in Downer were owner-occupied compared with 57.3% in 2016.

Downer has 1,802 properties. Over the last 5 years, Houses in Downer have seen a 38.49% increase in median value, while Units have seen a 39.66% increase. As at 30 September 2024:

  • The median value for Houses in Downer is $1,131,199 while the median value for Units is $496,810.
  • Houses have a median rent of $700 while Units have a median rent of $500.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Downer on OnTheHouse. According to CoreLogic's data, 70 properties were sold in the past 12 months in Downer.

Suburb Insights for Downer 2602

Market Insights
Downer Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Downer Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.